MARKET OVERVIEW
The military vehicle electrification is a tactical vehicle with hybrid-electric capablities with in-hub electric drive. The R&D in military vehicle electrification is constantly evolving, considering the current scenario and the countries cutting down their defense budget in might be a hindrance to the growth of this technology The manufacturing activities have faced operational and running activities due to the import and export regulations.
MARKET SCOPE
The "Global Military Vehicle Electrification Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military vehicle electrification market with detailed market segmentation by technology, platform, system, operation and geography. The report provides key statistics on the market status of the leading military vehicle electrification market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global military vehicle electrification market is segmented into hybrid, fully electric
- On the basis of platform, the market is segmented combat vehicles, support vehicles, unmanned armored vehicles
- On the basis of system, the market is segmented power generation, cooling systems, energy storage, traction drive systems, power conversion
- On the basis of operation, the market is segmented manned, autonomous/semi-autonomous
MARKET DYNAMICS
Drivers
- Rising requirement for electric power sources.
- Increasing oil prices and emission regulations.
- Increasing demand for lithium-ion batteries for military vehicles
- Rising demand for autonomous military vehicles
- Increasing budget allocations for hybrid electric vehicles
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military vehicle electrification market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the military vehicle electrification market in these regions.
IMPACT OF COVID-19 ON MILITARY VEHICLE ELECTRIFICATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the military vehicle electrification market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from military vehicle electrification market are anticipated to lucrative growth opportunities in the future with the rising demand for military vehicle electrification in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military vehicle electrification market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arquus
- BAE Systems plc
- General Dynamics Corporation
- Leonardo S.p.A.
- Textron Inc
- General Motors Company
- Nikola Corporation
- Qinetiq Group Plc
- Nexter group
- Krauss-Maffei Wegmann GmbH and Co. KG
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. PUBLISHERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Military Vehicle Electrification Market - By Technology
1.3.2 Military Vehicle Electrification Market - By Platform
1.3.3 Military Vehicle Electrification Market - By System
1.3.4 Military Vehicle Electrification Market - By Operation
1.3.5 Military Vehicle Electrification Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MILITARY VEHICLE ELECTRIFICATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MILITARY VEHICLE ELECTRIFICATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MILITARY VEHICLE ELECTRIFICATION MARKET - GLOBAL MARKET ANALYSIS
6.1. MILITARY VEHICLE ELECTRIFICATION - GLOBAL MARKET OVERVIEW
6.2. MILITARY VEHICLE ELECTRIFICATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MILITARY VEHICLE ELECTRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. HYBRID
7.3.1. Overview
7.3.2. Hybrid Market Forecast and Analysis
7.4. FULLY ELECTRIC
7.4.1. Overview
7.4.2. Fully Electric Market Forecast and Analysis
8. MILITARY VEHICLE ELECTRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - PLATFORM
8.1. OVERVIEW
8.2. PLATFORM MARKET FORECASTS AND ANALYSIS
8.3. COMBAT VEHICLES
8.3.1. Overview
8.3.2. Combat Vehicles Market Forecast and Analysis
8.4. SUPPORT VEHICLES
8.4.1. Overview
8.4.2. Support Vehicles Market Forecast and Analysis
8.5. UNMANNED ARMORED VEHICLES
8.5.1. Overview
8.5.2. Unmanned Armored Vehicles Market Forecast and Analysis
9. MILITARY VEHICLE ELECTRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - SYSTEM
9.1. OVERVIEW
9.2. SYSTEM MARKET FORECASTS AND ANALYSIS
9.3. POWER GENERATION
9.3.1. Overview
9.3.2. Power Generation Market Forecast and Analysis
9.4. COOLING SYSTEMS
9.4.1. Overview
9.4.2. Cooling Systems Market Forecast and Analysis
9.5. ENERGY STORAGE
9.5.1. Overview
9.5.2. Energy Storage Market Forecast and Analysis
9.6. TRACTION DRIVE SYSTEMS
9.6.1. Overview
9.6.2. Traction Drive Systems Market Forecast and Analysis
9.7. POWER CONVERSION
9.7.1. Overview
9.7.2. Power Conversion Market Forecast and Analysis
10. MILITARY VEHICLE ELECTRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - OPERATION
10.1. OVERVIEW
10.2. OPERATION MARKET FORECASTS AND ANALYSIS
10.3. MANNED
10.3.1. Overview
10.3.2. Manned Market Forecast and Analysis
10.4. AUTONOMOUS/SEMI-AUTONOMOUS
10.4.1. Overview
10.4.2. Autonomous/semi-autonomous Market Forecast and Analysis
11. MILITARY VEHICLE ELECTRIFICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Military Vehicle Electrification Market Overview
11.1.2 North America Military Vehicle Electrification Market Forecasts and Analysis
11.1.3 North America Military Vehicle Electrification Market Forecasts and Analysis - By Technology
11.1.4 North America Military Vehicle Electrification Market Forecasts and Analysis - By Platform
11.1.5 North America Military Vehicle Electrification Market Forecasts and Analysis - By System
11.1.6 North America Military Vehicle Electrification Market Forecasts and Analysis - By Operation
11.1.7 North America Military Vehicle Electrification Market Forecasts and Analysis - By Countries
11.1.7.1 United States Military Vehicle Electrification Market
11.1.7.1.1 United States Military Vehicle Electrification Market by Technology
11.1.7.1.2 United States Military Vehicle Electrification Market by Platform
11.1.7.1.3 United States Military Vehicle Electrification Market by System
11.1.7.1.4 United States Military Vehicle Electrification Market by Operation
11.1.7.2 Canada Military Vehicle Electrification Market
11.1.7.2.1 Canada Military Vehicle Electrification Market by Technology
11.1.7.2.2 Canada Military Vehicle Electrification Market by Platform
11.1.7.2.3 Canada Military Vehicle Electrification Market by System
11.1.7.2.4 Canada Military Vehicle Electrification Market by Operation
11.1.7.3 Mexico Military Vehicle Electrification Market
11.1.7.3.1 Mexico Military Vehicle Electrification Market by Technology
11.1.7.3.2 Mexico Military Vehicle Electrification Market by Platform
11.1.7.3.3 Mexico Military Vehicle Electrification Market by System
11.1.7.3.4 Mexico Military Vehicle Electrification Market by Operation
11.2. EUROPE
11.2.1 Europe Military Vehicle Electrification Market Overview
11.2.2 Europe Military Vehicle Electrification Market Forecasts and Analysis
11.2.3 Europe Military Vehicle Electrification Market Forecasts and Analysis - By Technology
11.2.4 Europe Military Vehicle Electrification Market Forecasts and Analysis - By Platform
11.2.5 Europe Military Vehicle Electrification Market Forecasts and Analysis - By System
11.2.6 Europe Military Vehicle Electrification Market Forecasts and Analysis - By Operation
11.2.7 Europe Military Vehicle Electrification Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Military Vehicle Electrification Market
11.2.7.1.1 Germany Military Vehicle Electrification Market by Technology
11.2.7.1.2 Germany Military Vehicle Electrification Market by Platform
11.2.7.1.3 Germany Military Vehicle Electrification Market by System
11.2.7.1.4 Germany Military Vehicle Electrification Market by Operation
11.2.7.2 France Military Vehicle Electrification Market
11.2.7.2.1 France Military Vehicle Electrification Market by Technology
11.2.7.2.2 France Military Vehicle Electrification Market by Platform
11.2.7.2.3 France Military Vehicle Electrification Market by System
11.2.7.2.4 France Military Vehicle Electrification Market by Operation
11.2.7.3 Italy Military Vehicle Electrification Market
11.2.7.3.1 Italy Military Vehicle Electrification Market by Technology
11.2.7.3.2 Italy Military Vehicle Electrification Market by Platform
11.2.7.3.3 Italy Military Vehicle Electrification Market by System
11.2.7.3.4 Italy Military Vehicle Electrification Market by Operation
11.2.7.4 United Kingdom Military Vehicle Electrification Market
11.2.7.4.1 United Kingdom Military Vehicle Electrification Market by Technology
11.2.7.4.2 United Kingdom Military Vehicle Electrification Market by Platform
11.2.7.4.3 United Kingdom Military Vehicle Electrification Market by System
11.2.7.4.4 United Kingdom Military Vehicle Electrification Market by Operation
11.2.7.5 Russia Military Vehicle Electrification Market
11.2.7.5.1 Russia Military Vehicle Electrification Market by Technology
11.2.7.5.2 Russia Military Vehicle Electrification Market by Platform
11.2.7.5.3 Russia Military Vehicle Electrification Market by System
11.2.7.5.4 Russia Military Vehicle Electrification Market by Operation
11.2.7.6 Rest of Europe Military Vehicle Electrification Market
11.2.7.6.1 Rest of Europe Military Vehicle Electrification Market by Technology
11.2.7.6.2 Rest of Europe Military Vehicle Electrification Market by Platform
11.2.7.6.3 Rest of Europe Military Vehicle Electrification Market by System
11.2.7.6.4 Rest of Europe Military Vehicle Electrification Market by Operation
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Military Vehicle Electrification Market Overview
11.3.2 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis
11.3.3 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis - By Technology
11.3.4 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis - By Platform
11.3.5 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis - By System
11.3.6 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis - By Operation
11.3.7 Asia-Pacific Military Vehicle Electrification Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Military Vehicle Electrification Market
11.3.7.1.1 Australia Military Vehicle Electrification Market by Technology
11.3.7.1.2 Australia Military Vehicle Electrification Market by Platform
11.3.7.1.3 Australia Military Vehicle Electrification Market by System
11.3.7.1.4 Australia Military Vehicle Electrification Market by Operation
11.3.7.2 China Military Vehicle Electrification Market
11.3.7.2.1 China Military Vehicle Electrification Market by Technology
11.3.7.2.2 China Military Vehicle Electrification Market by Platform
11.3.7.2.3 China Military Vehicle Electrification Market by System
11.3.7.2.4 China Military Vehicle Electrification Market by Operation
11.3.7.3 India Military Vehicle Electrification Market
11.3.7.3.1 India Military Vehicle Electrification Market by Technology
11.3.7.3.2 India Military Vehicle Electrification Market by Platform
11.3.7.3.3 India Military Vehicle Electrification Market by System
11.3.7.3.4 India Military Vehicle Electrification Market by Operation
11.3.7.4 Japan Military Vehicle Electrification Market
11.3.7.4.1 Japan Military Vehicle Electrification Market by Technology
11.3.7.4.2 Japan Military Vehicle Electrification Market by Platform
11.3.7.4.3 Japan Military Vehicle Electrification Market by System
11.3.7.4.4 Japan Military Vehicle Electrification Market by Operation
11.3.7.5 South Korea Military Vehicle Electrification Market
11.3.7.5.1 South Korea Military Vehicle Electrification Market by Technology
11.3.7.5.2 South Korea Military Vehicle Electrification Market by Platform
11.3.7.5.3 South Korea Military Vehicle Electrification Market by System
11.3.7.5.4 South Korea Military Vehicle Electrification Market by Operation
11.3.7.6 Rest of Asia-Pacific Military Vehicle Electrification Market
11.3.7.6.1 Rest of Asia-Pacific Military Vehicle Electrification Market by Technology
11.3.7.6.2 Rest of Asia-Pacific Military Vehicle Electrification Market by Platform
11.3.7.6.3 Rest of Asia-Pacific Military Vehicle Electrification Market by System
11.3.7.6.4 Rest of Asia-Pacific Military Vehicle Electrification Market by Operation
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Military Vehicle Electrification Market Overview
11.4.2 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis
11.4.3 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis - By Technology
11.4.4 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis - By Platform
11.4.5 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis - By System
11.4.6 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis - By Operation
11.4.7 Middle East and Africa Military Vehicle Electrification Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Military Vehicle Electrification Market
11.4.7.1.1 South Africa Military Vehicle Electrification Market by Technology
11.4.7.1.2 South Africa Military Vehicle Electrification Market by Platform
11.4.7.1.3 South Africa Military Vehicle Electrification Market by System
11.4.7.1.4 South Africa Military Vehicle Electrification Market by Operation
11.4.7.2 Saudi Arabia Military Vehicle Electrification Market
11.4.7.2.1 Saudi Arabia Military Vehicle Electrification Market by Technology
11.4.7.2.2 Saudi Arabia Military Vehicle Electrification Market by Platform
11.4.7.2.3 Saudi Arabia Military Vehicle Electrification Market by System
11.4.7.2.4 Saudi Arabia Military Vehicle Electrification Market by Operation
11.4.7.3 U.A.E Military Vehicle Electrification Market
11.4.7.3.1 U.A.E Military Vehicle Electrification Market by Technology
11.4.7.3.2 U.A.E Military Vehicle Electrification Market by Platform
11.4.7.3.3 U.A.E Military Vehicle Electrification Market by System
11.4.7.3.4 U.A.E Military Vehicle Electrification Market by Operation
11.4.7.4 Rest of Middle East and Africa Military Vehicle Electrification Market
11.4.7.4.1 Rest of Middle East and Africa Military Vehicle Electrification Market by Technology
11.4.7.4.2 Rest of Middle East and Africa Military Vehicle Electrification Market by Platform
11.4.7.4.3 Rest of Middle East and Africa Military Vehicle Electrification Market by System
11.4.7.4.4 Rest of Middle East and Africa Military Vehicle Electrification Market by Operation
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Military Vehicle Electrification Market Overview
11.5.2 South and Central America Military Vehicle Electrification Market Forecasts and Analysis
11.5.3 South and Central America Military Vehicle Electrification Market Forecasts and Analysis - By Technology
11.5.4 South and Central America Military Vehicle Electrification Market Forecasts and Analysis - By Platform
11.5.5 South and Central America Military Vehicle Electrification Market Forecasts and Analysis - By System
11.5.6 South and Central America Military Vehicle Electrification Market Forecasts and Analysis - By Operation
11.5.7 South and Central America Military Vehicle Electrification Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Military Vehicle Electrification Market
11.5.7.1.1 Brazil Military Vehicle Electrification Market by Technology
11.5.7.1.2 Brazil Military Vehicle Electrification Market by Platform
11.5.7.1.3 Brazil Military Vehicle Electrification Market by System
11.5.7.1.4 Brazil Military Vehicle Electrification Market by Operation
11.5.7.2 Argentina Military Vehicle Electrification Market
11.5.7.2.1 Argentina Military Vehicle Electrification Market by Technology
11.5.7.2.2 Argentina Military Vehicle Electrification Market by Platform
11.5.7.2.3 Argentina Military Vehicle Electrification Market by System
11.5.7.2.4 Argentina Military Vehicle Electrification Market by Operation
11.5.7.3 Rest of South and Central America Military Vehicle Electrification Market
11.5.7.3.1 Rest of South and Central America Military Vehicle Electrification Market by Technology
11.5.7.3.2 Rest of South and Central America Military Vehicle Electrification Market by Platform
11.5.7.3.3 Rest of South and Central America Military Vehicle Electrification Market by System
11.5.7.3.4 Rest of South and Central America Military Vehicle Electrification Market by Operation
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. MILITARY VEHICLE ELECTRIFICATION MARKET, KEY COMPANY PROFILES
13.1. ARQUUS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BAE SYSTEMS PLC
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. GENERAL DYNAMICS CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. LEONARDO S.P.A.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. TEXTRON INC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. GENERAL MOTORS COMPANY
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. NIKOLA CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. QINETIQ GROUP PLC
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. NEXTER GROUP
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. KRAUSS-MAFFEI WEGMANN GMBH AND CO. KG
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT PUBLISHERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. Arquus
2. BAE Systems plc
3. General Dynamics Corporation
4. Leonardo S.p.A.
5. Textron Inc
6. General Motors Company
7. Nikola Corporation
8. Qinetiq Group Plc
9. Nexter group
10. Krauss-Maffei Wegmann GmbH and Co. KG
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MARKET OVERVIEW
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